Max Hypermarket India Private Limited

Hypermarket chain offering a wide range of groceries, household items, and electronics in multiple locations.

2004 | Bangalore North, Karnataka (India) | Active
Last Updated: October 04, 2024

Max Hypermarket India Profile

Key Indicators

  • Authorised Capital ₹ 600.00 Cr
  • Paid Up Capital ₹ 562.53 Cr
  • Company Age 20 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 270.00 Cr
  • Satisfied Charges ₹ 155.00 Cr
  • Revenue Growth 46.37%
  • Profit Growth 3.58%
  • Ebitda 3.75%
  • Net Worth -10.93%
  • Total Assets 11.53%

About Max Hypermarket India

Max Hypermarket India Private Limited (MHIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 August 2004 and has a history of 20 years and five months. Its registered office is in Bangalore North, Karnataka, India.

The Company is engaged in the Consumer Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 600.00 Cr and a paid-up capital of Rs 562.53 Cr.

The company currently has active open charges totaling ₹270.00 Cr. The company has closed loans amounting to ₹155.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Max Hypermarket India Private Limited India is Anand Arora as COMPANY SECRETARY. Raghu Rajagopalan, Vinod Menon, and Sashi Gumma serve as directors at the Company.

Company Details

  • Location

    Bangalore North, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U52190KA2004PTC037768

  • Company No.

    037768

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Aug 2004

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Services

What products or services does Max Hypermarket India Private Limited offer?

Max Hypermarket India Private Limited offers a wide range of products and services, including Whole Spices, Black Pepper, Masala Powder, Black Pepper Powder, Health Drinks, Boost Health Drink, Seed Spices, Methi Dana, Mustard Seeds, Black Mustard Seeds.

Who are the key members and board of directors at Max Hypermarket India?

Executive Team (2)

NameDesignationAppointment DateStatus
Sashi Gumma Country flag representing In Managing Director23-Aug-2024Current
Anand Arora Company Secretary02-Mar-2016Current

Board Members (2)

NameDesignationAppointment DateStatus
Raghu Rajagopalan Country flag representing In Director 04-Jun-2014Current
Vinod Menon Country flag representing In Director 02-Mar-2016Current

Financial Performance of Max Hypermarket India.

Max Hypermarket India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 46.37% increase. The company also saw a slight improvement in profitability, with a 3.58% increase in profit. The company's net worth observed a substantial decline by a decrease of 10.93%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
46.37%
Revenue from Operations
46.73%
Total Assets
11.53%
Profit or Loss
3.58%
Net Worth
-10.93%
EBITDA
3.75%

What is the Ownership and Shareholding Structure of Max Hypermarket India?

In 2023, Max Hypermarket India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹270.00 Cr

Satisfied Charges

₹155.00 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 230.00 Cr
  • Axis Bank Limited : 40.00 Cr

Latest Charge Details

DateLenderAmountStatus
06 Apr 2023Axis Bank Limited₹40.00 CrOpen
15 Oct 2015The Hongkong And Shanghai Banking Corporation Limited₹215.30 CrOpen
27 Nov 2014The Hongkong And Shanghai Banking Corporation Limited₹14.70 CrOpen
19 Mar 2018Hdfc Bank Limited₹30.00 CrSatisfied
18 Mar 2013Standard Chartered Bank₹30.00 CrSatisfied

How Many Employees Work at Max Hypermarket India?

Unlock and access historical data on people associated with Max Hypermarket India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Max Hypermarket India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Max Hypermarket India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Max Hypermarket India

Recent activity within the organization

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 215.30 Cr registered on 15 Oct 2015 with Charge ID 10596737 was modified on 18 Sep 2024.

    18 Sep 2024

  • Director Appointment

    Sashi Kumar Gumma was appointed as a Managing Director was appointed as a Managing Director on 23 Aug 2024 & has been associated with this company since 5 months 9 days .

    23 Aug 2024

  • Charges

    A charge registered on 19 Mar 2018 via Charge ID 100167352 with Hdfc Bank Limited was fully satisfied on 28 Mar 2024.

    28 Mar 2024

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 14.70 Cr registered on 27 Nov 2014 with Charge ID 10534595 was modified on 09 Oct 2023.

    09 Oct 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 40.00 Cr registered on 06 Apr 2023 with Charge ID 100701112 was modified on 05 Oct 2023.

    05 Oct 2023

  • Annual General Meeting

    Max Hypermarket India Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Max Hypermarket India Private Limited was incorporated on 19 Aug 2004.

  • The authorized share capital of Max Hypermarket India Private Limited is ₹ 600.00 Cr and paid-up capital is ₹ 562.53 Cr.

  • Currently 4 directors are associated with Max Hypermarket India Private Limited.

    • Raghu Rajagopalan
    • Vinod Krishna Menon
    • Sashi Kumar Gumma
    • Anand Arora
  • As per Ministry of Corporate Affairs (Mca), the registered address of Max Hypermarket India Private Limited is 77 Town Centre 2Nd Floor East Wing, Off Hal Airport Road Yemlur P O Bangalore Marathahalli Colony, Bangalore North, Karnataka, India, 560037.

  • The corporate identification number (CIN) of Max Hypermarket India Private Limited is U52190KA2004PTC037768 and the company number is 037768 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Max Hypermarket India Private Limited is https://www.sparindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Max Hypermarket India Private Limited has risen by 46.37%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Max Hypermarket India Private Limited has experienced an downturn of -10.93%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Max Hypermarket India Private Limited amount to ₹ 270.00 Cr.

  • The most recent Balance Sheet for Max Hypermarket India Private Limited was filed with the ROC on 31 Mar 2023.

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